Venture For Success Preparatory Learning Center is located in Denver, CO. The organization was established in 2014. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 12/2023, Venture For Success Preparatory Learning Center employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Venture For Success Preparatory Learning Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Venture For Success Preparatory Learning Center generated $631.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $530.6k during the year ending 12/2023. While expenses have increased by 5.5% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S SPECIFIC PURPOSE AND OBJECTIVES SHALL INCLUDE, BUT NOT BE LIMITED TO, THE FOLLOWING: A. TO PROMOTE AN ENVIRONMENT CONDUCIVE TO LEARNING, READYING CHILDREN FOR THE FIRST GRADE BY FOCUSING ON SOCIAL AND EMOTIONAL BEHAVIOR. B. BEING A RESOURCE TO PARENTS TO HELP AID IN PARENTING AND OVERCOMING STRESSFUL INTERACTION WITH CHILDREN. C. PARTNERING WITH LIKE-MINDED BUSINESSES THAT DEAL WITH EDUCATIONAL DISABILITIES AND ISSUES WITH SOCIAL INTERACTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023 VENTURE FOR SUCCESS PREPARATORY LEARNING CENTER WAS ABLE TO ACCOMPLISH THE FOLLOWING: MENTAL HEALTH AND WELLNESS INITIATIVES: WE TOOK SIGNIFICANT STRIDES IN PRIORITIZING THE MENTAL HEALTH AND WELLNESS OF OUR TEAM. THROUGH THE ORGANIZATION OF TWO IMPACTFUL PRESENTATIONS LED BY ESTEEMED EXPERTS IN THE FIELD, WE PROVIDED OUR STAFF WITH VALUABLE INSIGHTS AND TOOLS TO NAVIGATE THEIR WELL-BEING. THIS INITIATIVE UNDERSCORES OUR COMMITMENT TO FOSTERING A SUPPORTIVE AND NURTURING ENVIRONMENT FOR OUR EDUCATORS, ENABLING THEM TO THRIVE BOTH PERSONALLY AND PROFESSIONALLY. EXPANSION OF EARLY EDUCATION ACCESS: WE ACHIEVED REMARKABLE PROGRESS IN ENHANCING STUDENT ENROLLMENT THROUGH OUR COLLABORATION WITH EARLY HEAD START. FURTHERMORE, WE PROUDLY INTRODUCED THE UNIVERSAL PRE-KINDERGARTEN (UPK) PROGRAM, A MONUMENTAL STEP IN ENSURING THAT FAMILIES, REGARDLESS OF THEIR FINANCIAL CIRCUMSTANCES, HAVE ACCESS TO QUALITY EARLY EDUCATION. THIS INITIATIVE NOT ONLY EMPOWERS CHILDREN WITH A STRONG EDUCATIONAL FOUNDATION BUT ALSO ALLEVIATES THE FINANCIAL BURDEN ON THEIR FAMILIES, MAKING A PROFOUND IMPACT ON OUR COMMUNITY. GOALS FOR 2024: ENHANCING TEACHER BENEFITS: IN 2024, WE ARE DEDICATED TO ELEVATING THE WELL-BEING AND SATISFACTION OF OUR TEACHERS BY ROLLING OUT NEW BENEFITS THAT UNDERSCORE OUR INVESTMENT IN THEIR FUTURES. A CORNERSTONE OF THIS INITIATIVE IS THE IMPLEMENTATION OF A 401(K) PLAN, A TANGIBLE EXPRESSION OF OUR COMMITMENT TO THEIR LONG-TERM FINANCIAL SECURITY. BY PROVIDING THIS RETIREMENT SAVINGS OPTION, WE AIM TO NOT ONLY RETAIN OUR TALENTED EDUCATORS BUT ALSO ATTRACT NEW TALENT WHO SHARE OUR VISION OF EXCELLENCE IN EARLY EDUCATION. SUPPORTING FAMILIES IN FINANCIAL HARDSHIP: WE PLAN TO INTENSIFY OUR EFFORTS IN ASSISTING FAMILIES FACING FINANCIAL CHALLENGES BY RAISING FUNDS THROUGH OUR GENEROUS GRANT DONORS. OUR AIM IS TO PROVIDE A SAFETY NET FOR THOSE IN OUR COMMUNITY WHO ARE STRUGGLING, ENSURING THAT NO CHILD IS DEPRIVED OF THE OPPORTUNITY FOR QUALITY EARLY EDUCATION DUE TO FINANCIAL CONSTRAINTS. THIS INITIATIVE REFLECTS OUR DEEP COMMITMENT TO INCLUSIVITY AND SUPPORT FOR ALL FAMILIES, REGARDLESS OF THEIR ECONOMIC CIRCUMSTANCES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jacqueline Cradle Vice Preside | OfficerTrustee | 60 | $98,884 |
Nathaniel Cradle President & | OfficerTrustee | 65 | $98,441 |
Deborah Dopwell Treasurer | OfficerTrustee | 1 | $0 |
Christina Smith-Williams Secretary | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $9,070 |
All other contributions, gifts, grants, and similar amounts not included above | $35,412 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $44,482 |
Total Program Service Revenue | $582,473 |
Investment income | $4,808 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $631,941 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $197,325 |
Compensation of current officers, directors, key employees. | $172,604 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $92,023 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $15,929 |
Payroll taxes | $23,645 |
Fees for services: Management | $0 |
Fees for services: Legal | $997 |
Fees for services: Accounting | $2,164 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $18,902 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $76,800 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $67 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $12,965 |
Insurance | $5,676 |
All other expenses | $29,188 |
Total functional expenses | $530,562 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $13,469 |
Savings and temporary cash investments | $663,141 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $77 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $113,954 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $790,641 |
Accounts payable and accrued expenses | $11,488 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $3,962 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $15,450 |
Net assets without donor restrictions | $775,191 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $790,641 |